News & Analysis

  1. Got Slack

    Slack reveals February data breach

    Slack has announced that its customers’ usernames, passwords, and email addresses were compromised by hackers who broke into the company’s internal servers. In response, Slack has added two-factor authentication along with a feature that allows team leaders to force employees to reset their passwords and log back into the service. The company said it detected suspicious activity on “a very small number of Slack accounts” and it “notified the individual users and team owners who we believe were impacted and are…
  3. flag

    Ten red flags on the GoDaddy IPO

    Barring any eleventh-hour surprises, GoDaddy will launch an IPO sometime next week. Ten months after it filed its first prospectus, the domain-registration and web-hosting company hopes to price its shares between $17 and $19 each. The midrange figure of $18 a share would raise $396 million and value the company at $2.7 billion. Even if GoDaddy isn’t expected to be the hottest tech IPO this year, it’s still notable because of the high number of red flags that…
  4. showmethemoney

    Meet the apps hoping to be the Fitbit for your financial fitness

    Everyone wants something different from the quantified self movement. Some delight in learning more about themselves; others want to use all that data to improve their lives. Members of the latter group are often disappointed. But that doesn’t mean the quantified self movement can’t lead to self improvement. Just ask the people behind Level, a finance app, and Digit, a text message-based service that aims to help consumers build their savings. Level makes it easier for people to…
  5. elsewhere

    EU to consolidate rules, open antitrust probe into e-commerce sector

    The European Union plans to “dump the patchwork of 28 different rules that currently govern the continent’s technology sector” and replace them with a single, unified market, according to the Courthouse News Service. It will also open an antitrust probe into Europe’s e-commerce sector. [Source: Courthouse News Service]
  7. hack

    Why aren’t law firms required to disclose when they’ve been hacked?

    Citigroup has warned against trusting sensitive information to law firms, which aren’t required to reveal data breaches and often cover them up. The New York Times viewed a copy of the report published by Citigroup’s cyber-intelligence center, which works to identify threats before they can affect financial institutions and their customers. Key among its findings was: Due to the reluctance of most law firms to publicly discuss cyberintrusions and the lack of data breach reporting requirements in general…
  8. strictly-business

    YouTube tests high-resolution, high-framerate videos

    YouTube is currently allowing some of its users to upload videos in 4K, the ultra high-resolution successor to plain-jane “1080p,” that plays at 60 frames per second. The result? Incredibly detailed, smooth-looking videos that most people won’t be able to watch because of their Internet connections or the relative weakness of their computers and Web browsers. [Source: The Verge]
  9. elsewhere

    China reportedly attacks GitHub

    China is said to have launched a distributed denial of service (DDoS) attack against GitHub, the site that allows developers to share code with each other, back up their projects, and do all kinds of other things with their work. The attack is said to have specifically targeted GitHub pages for GreatFire, the anti-censorship group in China, and a page it set up for the New York Times, which along with other outlets is banned from the country. [Source:
  11. strictly-business

    DoorDash raises $40M

    DoorDash has raised a $40 million funding round led by Kleiner Perkins, whose John Doerr will also be taking a seat on its board. The company offers a food-delivery service in Chicago, Boston, and Washington, DC, in addition to several markets in California. [Source: DoorDash]
  12. facebook-drone

    As Facebook successfully tests its first drone, privacy questions loom

    Facebook has successfully tested one of its solar-powered, Internet-delivering drones in the United Kingdom, according to a blog post from Mark Zuckerberg. The drones are said to have the same wingspan as a commercial airplane, but are only expected to weigh about as much as a small car. This lightweight build should allow the aircraft to remain in the skies for extended periods of time. Facebook plans to use the drones to deliver Internet connectivity to millions of…
  14. General Images Of Mobile Devices In Use As Competition For New Japan Subscribers Intensify

    Life360 takes family peace of mind overseas with Yahoo! Japan partnership

    The desire to remain close to and protect one’s family is as universal as anything, transcending language and culture. Which is why it’s little surprise that adoption of Life360, the family social network, has grown organically around the world despite limited localization efforts by the company to date. Today, the company is taking a more proactive approach to international expansion via a partnership with Yahoo! Japan and a dedicated product for that market. Usage of Life360 spiked in Japan…
  15. elsewhere

    Leshi TV compares Apple to Nazis

    Chinese video service Leshi TV has compared Apple to the Nazis by publishing a cartoon of Hitler wearing a red armband with the Apple logo in place of the swastika on its official Weibo account. And here we thought Microsoft’s old “Scroogled” attack ads against Google were unsporting. [Source: The Verge]
  16. strictly-business

    Magic said to be raising $12M

    Magic, the service that allows consumers to text various requests (restaurant reservations, flight tickets, grocery orders) to a single number that coordinates with other companies, is reportedly raising $12 million at a $40 million valuation. Sequoia is said to be leading the round. [Source: TechCrunch]
  18. elsewhere

    Tim Cook to donate wealth to charity

    Fortune reports that Apple chief executive Tim Cook plans to donate all his wealth, minus the cost of his 10-year-old nephew’s education, to charities. Cook is said to have already made some donations, but he wants to create a more “systematic approach to philanthropy” instead of “simply writing checks,” the report says. Cook’s net work is currently $120 million. [Source: Fortune]
  19. india

    Here’s why Accel just committed $305 million to startups in India

    If you Google “startups” and virtually any city or nation in the world, you’ll inevitably find true believers insisting that such-and-such region is the new Silicon Valley. Some writers still even refer to their pet region as “Silicon <insert naturally-occurring geographic phenomenon here>” — though thankfully this practice has fallen out of favor. (No matter how excited you are about software enterprises in Panama, there is no such thing as a “Silicon Isthmus.”) But when it comes to India, Asia’s third largest economy, the…
  20. nypd-viral-marketing

    Unfazed by #myNYPD disaster, the NYPD turns to social media to hear public complaints

    No matter how many times the New York Police Department is burned when it tries to reach the public on social media, it still seems to believe the disconnect between officers and the public can be bridged with a hashtag or status update. The New York Times reports that the NYPD wants to provide the public with a platform through which they can air their concerns — so long as those concerns are centered on abandoned bikes, traffic congestion, and other minor issues.…

The Week in Review